The prices in real estate in Bangsar, in the Kuala Lumpur region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Bangsar has remained the same in the last 6 months. In December, the average price per sq.feet was RM 1,014. In January this price pretty much remained the same at a value of RM 1,009 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 1,011.5 to RM 1,048.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of RM 1,030 to RM 1,044 during April y May
Based upon to the price in Bangsar (cities), this has gone downing the last 6 months. The average price for December is RM 3,816,202. During January the price had a slight fall till RM 3,267,487. In the following two months the average price has remained the same with regard to the previous two months from RM 3,541,844.5 to RM 3,435,746.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from RM 3,488,795.5 to RM 3,180,506.5 in April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 3,155,383 they are 76 % more affordable than the average price for Bangsar. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 1,786,647.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 845 / sq.feet, with an average RM 1,040 / sq.feet price in Bangsar. The properties with the highest average prices have 4 bedrooms. They are 7 % more expensive than the average followed by properties with 1 bedroom with a price at RM 1,032 / sq.feet.
The graph displaying the average prices displays the property type "Serviced Residence" as the most affordable one. At an cost of RM 3,155,383 it is 72 % cheaper than the average price in Bangsar. "Terraced House" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Office". At a price of RM 3,991,730 it is 147 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Terraced House" at an average cost of RM 818 / sq.feet followed by "Link House" priced at RM 859 / sq.feet. "Serviced Residence" is the most costly type of property with a RM 1,257 / sq.feet cost followed by "Bungalow" with an average price of RM 1,181 / sq.feet.